No. 43357 (5-year Review): Rule R277-704. Financial and Economic Literacy: Integration into Core Curriculum and Financial and Economic Literacy Student Passports

DAR File No.: 43357
Filed: 11/05/2018 02:30:36 PM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Section 53E-3-505 directs the Board of Education (Board) to work with financial and economic experts and private and non-profit entities to develop and integrate financial and economic literacy and skills into the public school curriculum at all appropriate levels, and to develop a financial and economic literacy student passport which is optional for students and tracks student mastery of financial and economic literacy concepts. Section 53E-3-401(4) permits the Board to adopt rules in accordance with its responsibilities.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

No written comments have been received.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

Rule R277-704 continues to be necessary because it provides funds appropriated by the Legislature to develop and integrate financial and economic literacy concepts effectively into the core curriculum in various programs and at various grade levels; to begin the development of a financial and economic literacy student passport; to provide for educator professional development using business and community expertise, allowing for maximum creativity and flexibility; to provide curriculum resources and assessments for financial and economic literacy; to provide passport criteria and tracking capabilities for the financial and economic literacy passport for students grades K-12; to provide simple and consistent messaging to students that becomes part of the core curriculum that reinforces the importance of financial and economic literacy for students and parents; and to help students and parents to locate and use school and community resources to improve financial and economic literacy among students and families.

The full text of this rule may be inspected, during regular business hours, at the Office of Administrative Rules, or at:

Education
Administration
250 E 500 S
SALT LAKE CITY, UT 84111-3272

Direct questions regarding this rule to:

• Angela Stallings at the above address, by phone at 801-538-7550, by FAX at 801-538-7768, or by Internet E-mail at [e-mail]

Effective:

11/05/2018

Authorized by:

Angela Stallings, Deputy Superintendent of Policy

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